Capital Desk

Fees and conflicts of interest

Capital Desk is paid for by the client. Sdelio is my own product and brokerage arm: if a transaction goes through Sdelio, the commission from the deal is disclosed to the client in writing before the deal, together with a comparison against the no-commission option. The mandate success fee is paid by the client under the contract; if a counterparty pays any part of it, that is stated in the contract and disclosed before the deal.

Partner relationships

Contracts are with organisations. Clients receive the register of active partner agreements before work begins; client names are not published. I do not pay bank employees or lawyers for referrals. Partner mentions in published work disclose the relationship.

Sdelio

Sdelio is my product. Any use of its data or tools is noted in the decision memo.